Huddle owner achieves 'big, big raise' to support expansion plans
06 September 2021
Insurtech Open has raised $31 million in new capital to support its business expansion in Australia, New Zealand and the UK...
Insurtech
Koba raises $1 million in crowdsource funding round
06 September 2021
Melbourne-based insurtech Koba has reached a targeted $1 million in new funding, with 358 investors backing the start-up during a crowdsourcing round...
Agile works with brokers on three niche products
06 September 2021
Agile has worked closely with three local brokers to create niche liability products for courier drivers, transport contractors and short-term accommodation providers which are available on its online platform, Powered by Agile...
Koba partners with Eric for October launch
30 August 2021
Melbourne-based Eric Insurance will underwrite local start-up Koba’s pay-per-kilometre car insurance product, to be launched to market in October...
Agile introduces embedded inland transit cover
30 August 2021
Insurtech Agile Underwriting Services has added embedded insurance for inland transit to its growing stable of products...
Lloyd's perils claims to be 'powered by space'
30 August 2021
Lloyd’s has agreed a two-year partnership with geospatial insurtech McKenzie Intelligence Services which promises to deliver faster claims decisions and payments for customers after perils...
Industry urged to step up data protection
30 August 2021
Insurance software solutions provider Stelvio has urged the industry and its third party suppliers to consider using system and organisational controls reporting to protect the vast amounts of private data handled by their businesses...
Woolworths in roadside assistance deal with Digicall Assist
30 August 2021
Woolworths has entered a multi-year agreement under which Digicall Assist will provide case management and roadside assistance services to all its comprehensive car insurance policyholders across Australia...
Traditional insurers turn to technology experts
23 August 2021
Insurers are embracing robotic process automation and artificial intelligence to boost productivity and efficiency and lower costs, while use of the cloud allows testing and implementation of new business models and technologies to grow market share...
Agile offers construction cover in Australia
23 August 2021
Insurtech Agile Underwriting Services has partnered with the Munich Re Syndicate at Lloyd’s to offer construction insurance to the Australian market...
Workers' comp mental health costs next 'sleeping giant'
23 August 2021
Using artificial intelligence to “triage” workers’ compensation claims early can help address escalating costs and identify optimal pathways for insurers, employers and the statutory bodies operating Australia’s nine workers’ compensation schemes...
Honey says many partnerships to follow AGL deal
23 August 2021
Honey Insurance founder and CEO Richard Joffe says a new distribution deal with power company AGL offers the insurtech “incredible scale” and is just the first of many such partnerships...
Delivery rider, travel alert cover win Finder awards
23 August 2021
Upcover’s delivery rider insurance offer has taken out Finder’s 2021 Best Insurtech Innovation award while Fast Cover Travel Insurance took honours for Best Insurance Innovation with its alert status innovation...
Lemonade-like success stories coming here, Insurtech Gateway Australia says
16 August 2021
Australia has the opportunity to be a leader in the insurtech world as it boasts an innovative and collaborative industry coupled with a transparent regulatory environment...
CoverMy invites brokers to new marketplace platform
16 August 2021
New Insurtech Australia member CoverMy is encouraging brokers nationwide to join its online marketplace...
Picnic pushes ahead with resources sector mutual
16 August 2021
Mutual designer Picnic Labs is progressing with its proposed scheme for small business service providers to the resources sector...
New AI partnership finesses digital models of urban Australia
16 August 2021
Geoscape Australia has partnered with Israeli artificial intelligence start-up GeoX to use machine technology to enhance its 3D digital maps of Australia...
Marsh backs Amazon digital insurance network
16 August 2021
Marsh is supporting Amazon Insurance Accelerator, the digital insurance network set up by the e-commerce giant to help its third-party sellers acquire product liability protection...
Insurtech Australia aims for '100' milestone
09 August 2021
Australia’s insurtech scene continues to grow and thrive despite the challenges of operating in a COVID-interrupted economy, according to Insurtech Australia...
Seventh Lloyd's Lab cohort to focus on cryptocurrencies
09 August 2021
Lloyd’s has selected the next eleven insurtechs for its Lloyd’s Lab and says the new cohort, the seventh to experience the innovation accelerator program, will focus on creating simpler solutions related to cryptocurrencies...